Tuesday, August 23, 2011

USAA Fund MSN Money Quotes USAUX Value Up; Dow Jones DJIA Index DJX DJI Stock Market Review

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dow2664 Although trends in the marketplace have been skewing mostly negative, the primary indices in the U.S. closed out the last session in the green. The Dow Jones Average finished the session higher by .34 percent at 10,854.65. The Nasdaq closed out green by .15 percent at 2,345.38 and the S&P 500 finished higher by just .03 percent at 1,123.82. Little by way of economic news, or corporate earnings, was scheduled to post during yesterday’s trading session and so it was expected that the market would trend off of momentum and from overseas cues. The momentum that built last week was negative as the primary indices all finished last week lower by between 4 and 6 percent. Cues from the European marketplace were stronger than expected yesterday however and European stocks finished in positive territory. This action helped to turn stock indices in the U.S. from red to green and component stocks and funds pushed higher on the day as well. USAA aggressive growth fund pushed into the green last session. USAUX closed out higher by .31 percent at 29.12. Previous close for USAUX according to MSN Money was 29.03. The one month and one year performance for the fund is still negative at this point. Frank Matto



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